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  • 10 years ago
Tan Sri Dr. Mohd Munir Abdul Majid, Chairman of Bank Muamalat and Chairman of ASEAN-BAC Malaysia talks about the future structure of ASEAN.

He says, "ASEAN is an inter-governmental organisation, so the sovereignty of the government is preserved. It is not a union. There is no surrender to international authority. There is an agreement to proceed in terms of co-operation. These agreements do not work on the enforcement basis - there is no central, they work on a consensus. I do not see the change in the next 2-3 years."

Interview: http://www.marcopolis.net/tan-sri-dr-mohd-munir-abdul-majid-asean-and-islamic-banking.htm

View more on: http://www.marcopolis.net/malaysia-report/

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